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Tom O'Malley at Barclays last week raised his target price on Nvidia to $175 per share, up from $160 per share. That forecast implies nearly 28% upside from its current share price of $137.
Nvidia stock rose nearly 5% on Tuesday, following bullish notes from Wall Street analysts citing strong chip demand ahead of its earnings report set for Wednesday afternoon.In a client note this ...
That implies 45% downside from the current share price of $71. I would feel comfortable buying the stock around its consensus target. Should you invest $1,000 in Nvidia right now?
Nvidia (NASDAQ: NVDA) hasn't been on sale much during the last few years. While the stock dipped a few times, these have all been strong buying opportunities. Recently, the stock has fallen around ...
Nvidia stock closed at a record high on Monday as Wall Street analysts held firm on their bullish positions on the stock ahead of its earnings report in November.Shares of the leading AI chipmaker ...
Bank of America analyst Vivek Arya notes volatility in Nvidia is nothing new — the current sell-off marks the ninth time the stock has declined 10% or more since ChatGPT was launched back in ...
Indeed, the stock prices may hold, and it is possible that Nvidia stock will avoid a significant downturn in the near term. Still, its situation points to a key vulnerability. New AI accelerators ...
Assuming Nvidia manages to clock $5 per share in earnings next year and trades at 55 times earnings at that time (in line with its trailing earnings multiple), its stock price could hit $275. That ...
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